(FMX) Fomento Economico complete technical analysis [charts+indicators] | Buy/Sell Fomento Economico | (FMX) share price targets
Complete technical analysis of Fomento Economico (FMX) by charts plus indicators, forecast predictions and share price targets for Fomento Economico (FMX)
Fomento Economico trades in USA in Consumer Non Durables sector.
Showing technical analysis as on 2024-04-01 View latest technical analysis
10 day averaged volume of Fomento Economico is 990690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 129.65 | 130.72 | 131.11 | 128.96 | 0.456 times |
| 28 Thu Mar 2024 | 130.27 | 130.64 | 131.10 | 129.77 | 0.33 times |
| 27 Wed Mar 2024 | 130.25 | 130.80 | 131.07 | 129.82 | 0.374 times |
| 26 Tue Mar 2024 | 130.55 | 128.64 | 131.56 | 128.64 | 0.719 times |
| 25 Mon Mar 2024 | 129.20 | 129.94 | 130.25 | 128.94 | 0.466 times |
| 22 Fri Mar 2024 | 129.53 | 129.78 | 131.45 | 129.43 | 0.712 times |
| 21 Thu Mar 2024 | 130.38 | 129.12 | 131.19 | 127.97 | 0.853 times |
| 20 Wed Mar 2024 | 128.34 | 125.52 | 128.54 | 125.32 | 0.594 times |
| 19 Tue Mar 2024 | 125.58 | 127.38 | 128.55 | 125.56 | 0.582 times |
| 18 Mon Mar 2024 | 127.92 | 128.40 | 129.02 | 126.51 | 3.062 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 129.7 as stoploss in an intra day sell trade for a target of 126.2. However, stock will show a bullish move above 129.7.
Share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Target | 116.84 |
| Downside Target | 120.17 |
| Downside Target | 124.80 |
| Downside Target | 128.64 |
| Upside Target | 131.11 |
| Upside Target | 131.45 |
| Upside Target | 131.56 |
| Upside Target | 133.62 |
| Upside Target | 138.47 |
| Upside Target | 143.43 |
Intraday share price targets for Fomento Economico (FMX)
| Target Type | Value |
| Downside Intraday Target | 128.7 |
| Downside Intraday Target | 127.76 |
| Upside Intraday Target | 130.85 |
| Upside Intraday Target | 132.06 |
| Upside Intraday Target | 129.91 |
Weekly technical analysis of Fomento Economico (FMX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 129.65 | 130.72 | 131.11 | 128.96 | 0.241 times |
| 28 Thu Mar 2024 | 130.27 | 129.94 | 131.56 | 128.64 | 0.326 times |
| 22 Fri Mar 2024 | 129.53 | 128.40 | 131.45 | 125.32 | 1.393 times |
| 15 Fri Mar 2024 | 127.98 | 121.24 | 130.13 | 120.96 | 1.229 times |
| 08 Fri Mar 2024 | 121.99 | 124.07 | 125.18 | 120.17 | 0.686 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Fomento Economico (FMX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 129.65 | 130.72 | 131.11 | 128.96 | 0.029 times |
| 28 Thu Mar 2024 | 130.27 | 124.39 | 131.56 | 120.17 | 1.012 times |
| 29 Thu Feb 2024 | 124.24 | 135.96 | 143.43 | 116.84 | 1.449 times |
| 31 Wed Jan 2024 | 135.54 | 129.53 | 138.47 | 125.60 | 1.461 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Fomento Economico (FMX)
Price action analysis of Fomento Economico ( (FMX) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Fomento Economico ( (FMX) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Fomento Economico ( (FMX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fomento Economico ( (FMX) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Fomento Economico stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Fomento Economico in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fomento Economico Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fomento Economico in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Fomento Economico is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 128.79 and Fomento Economico (FMX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Fomento Economico (FMX) stock. Volume based technical analysis of Fomento Economico (FMX) stock is negative.
Fomento Economico Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Fomento Economico ( (FMX) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Fomento Economico ( (FMX) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Fomento Economico ( (FMX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fomento Economico ( (FMX) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Fomento Economico stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Fomento Economico in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fomento Economico Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fomento Economico in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Fomento Economico is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 128.79 and Fomento Economico (FMX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Fomento Economico (FMX) stock. Volume based technical analysis of Fomento Economico (FMX) stock is negative.
Fomento Economico Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.